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April 26, 2015 5:27 PM ET

Hotels, Restaurants and Leisure

Company Overview of Pizza Hut, Inc.

Company Overview

Pizza Hut, Inc. operates a chain of pizza restaurants in the United States and internationally. It offers pizzas, pastas, wings, and drinks, as well as sides and desserts, such as stuffed pizza rollers, breadsticks, cheese sticks, baked desserts, and cinnamon sticks. The company also offers catering services. In addition, Pizza Hut franchises its restaurants. Further, it provides online ordering. The company was founded in 1958 and is based in Plano, Texas. Pizza Hut, Inc. operates as a subsidiary of Yum! Brands, Inc.

7100 Corporate Drive

Plano, TX 75024

United States

Founded in 1958

Phone:

972-338-7700

Fax:

972-338-7689

Key Executives for Pizza Hut, Inc.

Chief Executive Officer and President
Age: 50
Chief Operations Officer
President of Pizza Hut International
Age: 41
Global Chief Digital Officer
Director of the BOOK IT! Program
Compensation as of Fiscal Year 2014.

Pizza Hut, Inc. Key Developments

Pizza Hut, Inc. Reports Unaudited Earnings Results for the First Quarter of 2015

Pizza Hut, Inc. reported unaudited earnings results for the first quarter of 2015. For the quarter, the company’s franchise & license fees was $127 million against $127 million a year ago. Operating profit was $81 million against $84 million a year ago. Foreign currency translation negatively impacted operating profit by $1 million. Pizza Hut Division system sales increased 2%, prior to foreign currency translation. Total Revenue was $271 million against $267 million for the same period a year ago.

Boulder Brands, Inc. Partners with Pizza Hut, Inc. to Launch Gluten-Free Pizza

Boulder Brands, Inc. announced partnership between Udi 's, the No. 1 gluten-free brand in North America and a division of Boulder Brands, and Pizza Hut. Pizza Hut will launch two varieties of gluten-free pizzas, cheese-only and pepperoni, using Udi's signature crust, in 2,400 locations nationwide beginning January 26th. Pizza Hut Gluten-Free Pizza will be co-branded with the Udi's name and Pizza Hut will be the first major pizza chain to sell a pizza prepared with procedures that have been certified by the Gluten Intolerance Group.

Pizza Hut, Inc. Announces Management Changes

YUM Brands, Inc. announced that David Gibbs will be promoted to Global Pizza Hut Chief Executive Officer on January 1, 2015. Gibbs, currently serves as President, Pizza Hut, U.S., will take over for Scott Bergren who is retiring at the end of 2014. In his new role, Gibbs will assume responsibility for driving the brand strategy and performance of Pizza Hut globally. Prior to serving as President, Pizza Hut, U.S., Gibbs was the President and Chief Financial Officer for YUM Brands International, leading the Finance, IT, Supply Chain and Development functions for the division as well as having general management responsibility for several international markets. His career at YUM, which began in 1989, includes roles as Chief Financial Officer of Pizza Hut as well as Vice President of Development for YUM U.S. As part of his global responsibilities, Gibbs will retain direct leadership of Pizza Hut in the U.S., while, Tracy Skeans, 41, is being promoted to President, Pizza Hut International, reporting to Gibbs. Most recently, Skeans served as Chief People Officer Pizza Hut, Global. She has 14 years with YUM and Pizza Hut in a number of Finance and Human Resources leadership roles. In her new position, Skeans will focus on ensuring a clear path to grow Pizza Hut outside the U.S.

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